MicroAlgaeX AS
Latest round
- Series B
Last raised
- May 2024
Total raised
- $47M
Investors
- 1
About MicroAlgaeX AS
Based in Istanbul, Turkey, and founded by Giuliano Regonesi (CEO) in 2022, MicroAlgaex AS operates as an ecological and sustainable solutions and application provider for the fuel, transport, food, cosmetics, pharmaceuticals, and air quality sectors. The firm as of June 2024, has offices in Turkey, Italy, Dubai, Switzerland, and Costa Rica. The biotechnology company leverages the potential of microalgae for a range of high-value applications across multiple industries. MicroAlgaeX has developed several innovative products including microalgae-based biofuels, fertilizers, cosmetics, supplements, and air filters. The company's signature product, Liquid Tree®, utilizes microalgae to capture CO2 and produce oxygen, enhancing air quality in both indoor and outdoor urban environments. Additionally, the CTRX system is an industrial solution for carbon capture and storage, boasting a removal efficiency of 87%-89%.
Who invested in MicroAlgaeX AS
1 investor across 1 round
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Funding rounds
Series B
May 7, 2024
Amount
$47M
Investors
Questions about MicroAlgaeX AS
Who invested in MicroAlgaeX AS?
MicroAlgaeX AS has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MicroAlgaeX AS raised?
MicroAlgaeX AS has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did MicroAlgaeX AS last raise money?
MicroAlgaeX AS's most recent round on record is a Series B, in May 2024.
What does MicroAlgaeX AS do?
Based in Istanbul, Turkey, and founded by Giuliano Regonesi (CEO) in 2022, MicroAlgaex AS operates as an ecological and sustainable solutions and application provider for the fuel, transport, food, cosmetics, pharmaceuticals, and air quality sectors.
Where is MicroAlgaeX AS headquartered?
MicroAlgaeX AS is headquartered in Istanbul, Turkey.
Which VCs invest in companies like MicroAlgaeX AS?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at MicroAlgaeX AS's stage. Their profiles are linked below.
VCs backing biotechnology startups at Series B
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